CBE eases banking access for illiterate, elderly
The Central Bank of Egypt (CBE) introduced new facilities on Tuesday to help illiterate and elderly customers (65+…
Browsing Tag
Banking Sector
Egypt to sell stake in Banque Misr in 2024
Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s chairman Mohamed…
HSBC Oman merges with Sohar International Bank
HSBC Bank Oman merged with Sohar International Bank of Oman on Thursday, according to Muscat Stock Exchange (MSX).
Fitch: Egyptian banks’ capital ratios can withstand a further pound depreciation
Egyptian banks’ regulatory capital ratios can withstand further Egyptian pound depreciation as they are supported…
Egypt’s parliament Oks conditions for licensing foreign lenders
Egypt’s parliament resumed on Sunday discussing the government's new drafted law on the Central Bank of Egypt (CBE)…
Egyptian banking sector’s net profits reach $4bln during 2019
Banks operating in the Egyptian market achieved net profits of 83 billion Egyptian pound ($ 4 billion) by the end…
$200bn pumped into Egypt’s banking sector since 2016: Amer
Central Bank of Egypt (CBE) Governor Tarek Amer said that $200 billion have been injected into the Egyptian banking…
New banking bill likely to be referred to Egypt’s parliament before May-end
A new bill on Egypt's banking sector is expected to be referred to the House of Representatives before the end of…
Egypt banking sector assets rise to EGP5.47tn% in July – c.bank
The value of assets held by Egypt’s banking sector rose by 42.2 billion Egyptian pounds in January 2019 recording…
Banks lift Saudi index, most Gulf markets mixed
Saudi Arabia’s stock market inched up on Tuesday buoyed by the banking sector, while real estate shares propped up…